Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
Northeast Could See Impact of Tropical Storm Hermine After Months of Drought
Sep 1 2016 // Over the past several months, the Northeastern U.S. has experienced abnormally dry conditions leading to a drought that could last into the fall. Now, it is facing a different problem with the looming risk of heavy rain...
Fire Safety Inspections to Take Place on New York College Campuses Ahead of Fall Classes
Sep 1 2016 // State officials in New York are marking the start of fall college classes with a series of campus fire safety inspections. Gov. Andrew Cuomo’s office said Friday personnel from the Division of Homeland Security and...
New York State Court Rules Strip Club Owes Unemployment Insurance to Dancers
Sep 1 2016 // A midlevel state court has ruled that a suburban Syracuse, N.Y., strip club’s dancers are employees, and the company owes unemployment insurance payments on their behalf. The four Appellate Division justices have...
California Based EPIC Insurance Brokers Hires Caracciolo and Klaschka in New York
Sep 1 2016 // EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant based in San Francisco, Calif., has hired two managing principals from Integro Insurance Brokers...
New York Set to Expand Medical Marijuana Program
Sep 1 2016 // New York state will loosen rules on marijuana prescribing, allow home delivery of the drug and take other steps to expand its medical cannabis program, health officials announced on Tuesday. The announcement follows a...
Amtrak Wins Partial Appeal to Recoup Insurance for Sandy Repairs
Aug 31 2016 // Amtrak secured a partial U.S. appellate court win on Wednesday in its efforts to recoup insurance coverage after the railroad service sustained more than $1 billion in losses during Superstorm Sandy in 2012. The 2nd U.S....
Sompo Canopius Launches U.S. Ocean Marine Unit; Hires XL Catlin’s Ellis to Head
Aug 31 2016 // Sompo Canopius AG is diving into the U.S. ocean marine business. The global specialty insurer and reinsurer, which is wholly-owned by Sompo Japan Nipponkoa Insurance Inc., calls this a “significant expansion”...
Hospital Surgery Rates for Workers’ Compensation Vary Widely
Aug 30 2016 // Hospital rates for outpatient surgery paid by workers’ compensation vary significantly across states with states with fixed fee schedules having lower surgery costs for injured workers. Workers compensation costs for...
Governor Cuomo Reviewing Bill to Establish Fines for New York Airbnb Users
Aug 30 2016 // New York Gov. Andrew Cuomo must soon decide whether to authorize hefty fines for many people who offer to rent out their New York City apartments on Airbnb. Meanwhile, the online booking service said it’s policing...
Judge Grants Uber’s Request to Put New York Price Fixing, Arbitration Lawsuit on Hold
Aug 29 2016 // A federal judge on Friday granted a request by Uber Technologies Inc. and its chief executive officer to put a passenger’s price-fixing lawsuit against them on hold, while they appeal his refusal to let them...
New York’s Crystal & Co. Hires Ackley as Client Consultant
Aug 26 2016 // Crystal & Co., a New York based strategic risk and insurance advisor, has hired Jenifer Ackley as a director responsible for addressing clients’ risk management, insurance brokerage and employee benefits...
Starr Companies Expands with Nashville, Pittsburgh Offices, Leaders
Aug 25 2016 // Starr Companies, a New York based global insurance and financial services organization, is continuing to expand its field operations throughout the U.S. with the addition of new offices and leadership. Most recently, the...
A.M. Best Revises Outlook to Negative for New York-Based Lancer Insurance
Aug 22 2016 // A.M. Best has revised its outlook from stable to negative for New York-based Lancer Insurance Co. and Lancer Indemnity Co. The move comes as Lancer Insurance’s underwriting performance declined in the past several...
New York’s Columbia University Faces $100M Lawsuit for Mismanaging Retirement Plan
Aug 18 2016 // Columbia University was accused on Tuesday of mismanaging its retirement plan in a federal civil lawsuit that alleges $100 million in damages. The suit is the latest to target a major university’s retirement plan...
New York Judge: Hedge Fund Head’s $100M Defamation Claim Better Suited for Bahamas
Aug 17 2016 // A New York state judge on Wednesday threw out billionaire hedge fund manager Louis Bacon’s $100 million defamation lawsuit against Canadian fashion designer Peter Nygard, saying the case tied to their long-running...
Interview: Public Affairs ‘Ironman’ Kevelighan Takes Helm at I.I.I.
Aug 16 2016 // Committing to a few extreme physical fitness events every year keeps Sean Kevelighan honest. “That, for me, is the incentive to insure that I keep my training going. It’s really good for your health, obviously,...
Further Simplifying, AIG to Sell United Guaranty to Arch for $3.4 Billion
Aug 16 2016 // American International Group Inc. agreed to sell mortgage insurer United Guaranty Corp. to Arch Capital Group Ltd. as Chief Executive Officer Peter Hancock works to simplify his company and free up capital to return to...
New York Court Rules in Favor of Injured Electrician Seeking Recovery From Employer
Aug 15 2016 // A New York court has ruled in favor of an electrician seeking recovery of unsatisfied judgment from his employer and its insurance company after being injured on the job. Pramendra Persaud was injured after falling off of...
New York’s VALE Insurance Adds DeRose to Transactional Team
Aug 15 2016 // VALE Insurance Partners, a New York based managing general agency focused on writing specialty property/casualty insurance, has hired Lidore Alexandra DeRose as vice president and underwriter. In her new role, DeRose will...
Independent Insurance Agents of New York Promotes MacConnell
Aug 12 2016 // Independent Insurance Agents & Brokers of New York Inc., an insurance producer trade organization based in Syracuse, N.Y., has promoted Julie MacConnell from director of marketing and communications to assistant vice...
